Ondo Finance, renowned for its institutional-grade blockchain financial products, and Plume Network, the first fully integrated modular Layer-1 blockchain designed for Real-World Asset Finance (RWAfi), have announced a collaboration. This partnership will introduce Ondo’s tokenized U.S. Treasury products—including USDY (a yield-backed stablecoin pegged to U.S. Treasuries)—on Plume Network, broadening RWAfi adoption.
Key Highlights of the Partnership
- Combined Expertise: Ondo’s institutional DeFi proficiency merges with Plume’s tailored blockchain infrastructure for RWAs, streamlining asset access and capital integration.
- USDY’s Market Impact: With over $450M TVL across 8 blockchains, USDY offers a 4.9% APY, enabling global (non-U.S.) users to leverage stablecoin benefits combined with Treasury yields.
- RWAfi Expansion: The partnership enhances composability and yield generation within nascent RWA ecosystems, unlocking new opportunities for issuers and investors.
Accelerating RWAfi Adoption
Plume has emerged as a pioneer in RWAfi, facilitating asset tokenization and embedding compliance providers directly into its infrastructure. Currently hosting 180+ RWAfi projects, Plume offers a secure, cost-effective ecosystem for asset issuers.
Chris Yin, CEO of Plume, states:
"Integrating Ondo into our ecosystem creates a unified platform for diversified RWA investments, accelerating sector growth. Our mission is seamless, composable finance for real-world assets."
Ondo Finance bridges traditional finance and blockchain, prioritizing investor protection, transparency, and regulatory compliance. Their tokenized products democratize access to institutional-grade yields.
Katie Wheeler, Ondo’s VP of Partnerships, adds:
"Plume’s RWAfi success makes it the ideal partner to amplify USDY’s utility, driving network effects and ecosystem benefits."
Leadership in RWAfi Innovation
Both teams comprise veterans from JPMorgan, BlackRock, Goldman Sachs, Coinbase, and other top-tier institutions. This fusion of traditional finance and blockchain expertise positions them to address RWAfi’s evolving demands with cutting-edge solutions.
👉 Explore how tokenized Treasuries are reshaping finance
FAQ: Tokenized U.S. Treasuries and RWAfi
Q: What is USDY?
A: USDY is Ondo’s yield-bearing stablecoin backed by U.S. Treasuries, offering 4.9% APY with institutional-grade security.
Q: How does Plume simplify RWA access?
A: Plume’s modular L1 provides an EVM-compatible environment, asset tokenization tools, and integrated compliance partners.
Q: Who can invest in these products?
A: Global non-U.S. users and institutional investors seeking yield via stablecoins with Treasury backing.
Q: Why merge DeFi with RWAs?
A: Enhances liquidity, transparency, and composability while preserving traditional asset benefits.
👉 Discover more about RWAfi’s potential
About Ondo Finance
A Web3-native firm offering institutional-grade tokenized assets (e.g., cash equivalents via Treasuries). Learn more.
About Plume Network
The first modular L1 blockchain for RWAfi, featuring 180+ projects and seamless DeFi integration. Visit Plume.